Permal offers renminbi shares for flagship funds

Fri Aug 26, 2011

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Permal Group, one of the oldest funds of funds – founded in 1973 – and now with $23.1 billion under management, plans to launch Chinese renminbi (CNH) share classes for two flagship funds, Permal Fixed Income Holdings and Permal Macro Holdings.

ISSN: 2151-1845 / CDC10004H

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